Liberum Capital Reiterates Hold Rating for Barclays PLC (BARC)
Barclays PLC (LON:BARC)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Friday, AmericanBankingNews.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group cut their price target on shares of Barclays PLC from GBX 345 ($5.81) to GBX 325 ($5.47) in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital downgraded shares of Barclays PLC to an “in-line” rating in a research note on Monday. They now have a GBX 280 ($4.72) price target on the stock. Finally, analysts at BNP Paribas downgraded shares of Barclays PLC to a “neutral” rating in a research note on Monday. Twelve investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Barclays PLC has a consensus rating of “Buy” and an average price target of GBX 311.60 ($5.25).
Shares of Barclays PLC (LON:BARC) traded down 1.55% during mid-day trading on Friday, hitting GBX 241.00. 40,427,812 shares of the company’s stock traded hands. Barclays PLC has a 52 week low of GBX 227.65 and a 52 week high of GBX 312.411. The stock’s 50-day moving average is GBX 245.5 and its 200-day moving average is GBX 257.1. The company’s market cap is £39.153 billion.
The company also recently announced a dividend, which is scheduled for Monday, June 23rd. Shareholders of record on Wednesday, May 14th will be paid a dividend of GBX 1 ($0.02) per share. This represents a dividend yield of 0.41%. The ex-dividend date is Wednesday, May 14th.
Barclays PLC (LON:BARC) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.
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